Quote from @Eric DeNardo: Hey All, I wanted to get some advice on how to use other people's money to purchase a long-term rental property. 

I’ve also begun to assist groups with drafting their purchase agreements.I’m looking to connect with groups who need help with both acquisition and drafting. 

Quote from @Melanie Baldridge: Reminder:Ground improvements qualify for bonus depreciation.This includes various landscaping.Roads and external parking areas.Sidewalks and pathways.Fences.Utility systems (including the installation or improvements to water, sewage, drainage, and electrical systems).Outdoor lighting.Rec facilities (like playgrounds, sports courts, and swimming pools).And more.It's a big category for depreciation/bonus depreciation that we love.Great material for 15 year life and eligible for bonus depreciation  

HELP!!

But knowing its value is key for taxes.IMPROVEMENT VALUE:This is the value of all the upgrades you make to your property – like a new roof or an updated kitchen.These improvements can be depreciated, which means tax savings for you.3115:Filing this form can allow you to claim missed depreciation from past years.Basically you are letting the IRS know that you are moving from the standard deduction to an accelerated deduction.RECAPTURE:It's payback time!

Does anyone have advice or contacts for a lender that would be able to help us out in this situation?

Keep in mind that passive losses from rental properties can only offset passive income unless you qualify as a real estate professional.

And it was real estate speculation here that helped cause the Great Depression.

This included projections for taxes, insurance, and other fees from the lender.

My question is would it make sense to save for down payment for another primary residence and rent this home out with negative cash flow to get into the REI game.